Sallie Mae Savings Rate History (2010–2026)
RateBrain has recorded 57 rate changes for Sallie Mae's savings account since April 30, 2010. Its highest rate was 4.25% (Aug 2023) and its lowest 0.70% (Feb 2021). It pays 3.40% APY today, last changed on June 7, 2026. That is down 0.50 percentage points from a year ago.
Current Sallie Mae savings account rate »Sallie Mae rate history »Savings rate history »
Rate history chart
Now 3.40% APY
By year
| Year | High | Low | Year end | Changes |
|---|---|---|---|---|
| 2026 | 3.90% | 3.40% | 3.40% | 4 |
| 2025 | 4.10% | 3.90% | 3.90% | 2 |
| 2024 | 4.25% | 4.10% | 4.10% | 1 |
| 2023 | 4.25% | 3.10% | 4.25% | 6 |
| 2022 | 3.10% | 0.70% | 3.10% | 10 |
| 2021 | 0.80% | 0.70% | 0.70% | 1 |
| 2020 | 1.75% | 0.80% | 0.80% | 11 |
| 2019 | 1.80% | 1.75% | 1.75% | 2 |
| 2018 | 1.75% | 0.85% | 1.75% | 3 |
| 2017 | 0.85% | 0.85% | 0.85% | 0 |
| 2016 | 0.90% | 0.80% | 0.85% | 4 |
| 2015 | 0.80% | 0.80% | 0.80% | 0 |
| 2014 | 0.80% | 0.80% | 0.80% | 0 |
| 2013 | 0.90% | 0.80% | 0.80% | 2 |
| 2012 | 1.00% | 0.75% | 0.90% | 5 |
| 2011 | 1.30% | 1.00% | 1.00% | 4 |
| 2010 | 1.40% | 1.30% | 1.30% | 2 |
All 57 rate changes
| Date | APY | Change |
|---|---|---|
| June 7, 2026 | 3.40% | −0.10 |
| April 12, 2026 | 3.50% | −0.10 |
| February 28, 2026 | 3.60% | −0.05 |
| January 16, 2026 | 3.65% | −0.25 |
| January 31, 2025 | 3.90% | −0.10 |
| January 12, 2025 | 4.00% | −0.10 |
| October 12, 2024 | 4.10% | −0.15 |
| August 4, 2023 | 4.25% | +0.25 |
| July 30, 2023 | 4.00% | +0.15 |
| July 7, 2023 | 3.85% | +0.10 |
| May 12, 2023 | 3.75% | +0.25 |
| March 25, 2023 | 3.50% | +0.10 |
| February 4, 2023 | 3.40% | +0.30 |
| November 11, 2022 | 3.10% | +0.40 |
| October 26, 2022 | 2.70% | +0.20 |
| October 12, 2022 | 2.50% | +0.25 |
| September 29, 2022 | 2.25% | +0.35 |
| September 25, 2022 | 1.90% | +0.10 |
| September 12, 2022 | 1.80% | +0.10 |
| September 4, 2022 | 1.70% | +0.05 |
| August 19, 2022 | 1.65% | +0.25 |
| August 11, 2022 | 1.40% | +0.31 |
| July 4, 2022 | 1.09% | +0.39 |
| February 9, 2021 | 0.70% | −0.10 |
| November 6, 2020 | 0.80% | −0.15 |
| October 12, 2020 | 0.95% | −0.05 |
| September 3, 2020 | 1.00% | −0.10 |
| August 18, 2020 | 1.10% | −0.05 |
| August 11, 2020 | 1.15% | +0.15 |
| July 1, 2020 | 1.00% | −0.30 |
| May 9, 2020 | 1.30% | −0.10 |
| April 18, 2020 | 1.40% | −0.10 |
| April 8, 2020 | 1.50% | −0.05 |
| March 28, 2020 | 1.55% | −0.05 |
| March 17, 2020 | 1.60% | −0.15 |
| November 7, 2019 | 1.75% | −0.05 |
| February 25, 2019 | 1.80% | +0.05 |
| October 10, 2018 | 1.75% | +0.20 |
| July 16, 2018 | 1.55% | +0.10 |
| June 13, 2018 | 1.45% | +0.60 |
| December 30, 2016 | 0.85% | −0.05 |
| June 21, 2016 | 0.90% | +0.05 |
| May 25, 2016 | 0.85% | −0.05 |
| April 21, 2016 | 0.90% | +0.10 |
| September 23, 2013 | 0.80% | −0.05 |
| April 5, 2013 | 0.85% | −0.05 |
| October 12, 2012 | 0.90% | +0.10 |
| August 10, 2012 | 0.80% | +0.05 |
| March 21, 2012 | 0.75% | −0.05 |
| March 8, 2012 | 0.80% | −0.05 |
| January 24, 2012 | 0.85% | −0.15 |
| October 3, 2011 | 1.00% | −0.01 |
| September 2, 2011 | 1.01% | −0.09 |
| March 9, 2011 | 1.10% | −0.15 |
| February 1, 2011 | 1.25% | −0.05 |
| November 9, 2010 | 1.30% | −0.10 |
| April 30, 2010 | 1.40% | first tracked |
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